Procurement of General Insurance (excluding Broker and Administration Services)

Northern Ireland Water LimitedcontractFind a TenderRef ocds-h6vhtk-05e6d9Procurement Act 2023Utilities regimeactive

Estimated value

Awarded value

£2.9m

Awarded 20 Mar 2026

Suppliers

22

Lots

22

22 awarded

Published

20 Mar 2026

Description

Procurement of General Insurance (excluding Broker and Administration Services) covering the following: - Computers - Solar Farm - Professional Indemnity - Various other provisional lots currently under Long Term Agreements Note: The overall Contract value of £2,924,138.48, has been disclosed within this notice however, due to commercial sensitivities, the exact values for each Lot has not been disclosed. An average value (based on the overall value) has been put against each Lot in order to publish this notice.

Scope

Reference
ocds-h6vhtk-05e6d9
Commercial tool
Standalone contract
Contract dates
31 Mar 2026 to 31 Mar 2027
Possible extension to 31 Mar 2031

Preferred option is for up to five years with a review after completion of three year agreement. Other options will be considered.

CPV classifications
66516500
66515000
66515200
66516400
66516000
66514110
66515410
66515300
66512000
Contract locations
Northern Ireland, United Kingdom

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Quality of CoverQuality of Coverquality50.00%
Claims ManagementClaims Managementquality15.00%
PricePriceprice35.00%
Quality of CoverQuality of Coverquality35.00%
Risk ManagementRisk Managementquality15.00%
Claims Management 15quality15.00%
Risk ManagementRisk Managementquality10.00%
Claims ManagementClaims Managementquality10.00%
Social ValueSocial Valuequality10.00%
PricePriceprice40.00%
Risk ManamgementRisk Managementquality10.00%
Risk MangementRisk Managementquality15.00%

Participation

Conditions suppliers must meet to bid.

This tender is open to Insurance Companies who are licensed to provide the Insurance cover required in the UK or in the EU member state of domicile. Insurers must be authorised by the UK FCA or equivalent. Providers must be able to demonstrate experience in the provision of Insurance and Risk Management and have a Credit Rating of at least A- from S&P or equivalent.

Selection criteria as stated in the procurement documents.

Submission & procedure

Procedure
Open procedure

Award details· 22 awards

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£133k

Award date

20 Mar 2026

Contract start

31 Mar 2026

Contract end

31 Mar 2027

Lots · 22 total

Divisions of the contract. Each lot can be awarded separately.

View all →
LotTitleEst. valueStatus
1Professional Indemnitycomplete
2Computer Northern Ireland Watercomplete
3Computer Dalriada & Alphacomplete
4MD/BI Solar Farmcomplete
5Property MD/BI NI WATER - Provisional notice onlycomplete